Alarm.com Prices Upsized $425 Million Convertible Senior Notes
Wednesday, 29 May 2024, 01:24
Alarm.com Prices $425 Million 2.25% Convertible Senior Notes Offering
Alarm.com has successfully priced an upsized $425 million 2.25% Convertible Senior Notes Offering, signaling investor confidence in the company's growth trajectory.
Key Highlights:
- Size: $425 million
- Interest Rate: 2.25%
- Convertible: Senior Notes Offering
This move is expected to strengthen Alarm.com's financial position and fuel its future expansion plans.
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